Aren’t electric vehicles way more expensive?

Nope! While the initial cost to purchase an EV might be more than a traditional internal combustion engine vehicle (ICE), a recent report by Clean Energy Canada has found that total ownership costs of an EV — including depreciation, fuel costs, servicing and maintenance — are markedly lower than for an ICE vehicle. 

The inforgraphic illustrates how operating costs make the electric Hyundai Kona cheaper to won that its gas-powered equivalent.
A Clean Energy Canada study found that the 2021 Hyundai Kona electric was $10,500 cheaper to own than its combustion counterpart over its lifetime. Source: Clean Energy Canada